Canadian General Investments: Investment Update - Unaudited


TORONTO, CANADA, Sept. 05, 2019 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (TSX:CGI), (TSX:CGI.PR.D), (LSE:CGI) (CGI) reports on an unaudited basis that its net asset value per share (NAV) at August 31, 2019 was $35.15 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 23.9% and -3.3%, respectively.  These compare with the 17.1% and 4.3% returns of the benchmark S&P/TSX Composite Index on a total return basis for the same periods.

The closing price for CGI’s common shares at August 31, 2019 was $23.96, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 19.8% and -4.9%, respectively.

The sector weightings of CGI’s investment portfolio at market as of August 31, 2019 were as follows:

Information Technology24.6%
Industrials18.3%
Consumer Discretionary13.6%
Materials13.3%
Financials9.8%
Energy7.9%
Health Care3.7%
Cash & Cash Equivalents3.6%
Communication Services3.0%
Real Estate1.4%
Utilities0.8%

The top ten investments which comprised 40.1% of the investment portfolio at market as of August 31, 2019 were as follows:

Shopify Inc.8.2%
Air Canada5.2%
Mastercard Incorporated, class A4.3%
Franco-Nevada Corporation4.1%
Canadian Pacific Railway Limited4.0%
Cash3.6%
Amazon.com, Inc.3.0%
Bank of Montreal2.8%
Royal Bank of Canada2.7%
NVIDIA Corporation2.2%

FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
Phone: (416) 366-2931
Fax: (416) 366-2729
e-mail: cgifund@mmainvestments.com
website: www.canadiangeneralinvestments.ca